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Belmond sets meeting for merger vote

British luxury-hotel operator Belmond Ltd. will hold a special meeting on Feb. 14 to consider its merger with LVMH Moët Hennessy Louis Vuitton SE.

The French luxury fashion group agreed to pay $25 for each of Belmond share in a deal reflecting an enterprise value of $3.2 billion. The transaction is expected to close Oct. 31, subject to approvals from regulatory authorities.